Fervo Energy Eyes $6.5 Billion Valuation in US IPO

(Reuters) – Fervo Energy said on ‌Monday it was targeting a valuation of up to $6.5 ​billion in its ​initial public offering in the ⁠United States. The Houston-based energy ​developer also said it is ​aiming to raise up to $1.3 billion in the IPO by ​offering 55.6 million shares ​priced between $21 and $24 apiece. … Read more